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Re: umbra post# 303813

Tuesday, 05/26/2015 12:29:20 PM

Tuesday, May 26, 2015 12:29:20 PM

Post# of 360865
I think you are correct on every point you just made. I agree with you wholeheartedly on the sentiment regarding the Obama administration. And as for your thoughts on the politics of the price of oil and the two governments lets just say that a lot of folks found it an interesting coincidence that John Kerry made a very quick trip to Riyadh last year (the visit made the papers in KSA) and within a very short time there seemed to be some things put in motion that very much aligns with what you are saying - including the decision around Thanksgiving to lower pricing to their Far East customers while keeping output steady - much to the chagrin of other OPEC members.

And yes, like many others here, I'm sure hoping it all works out in favor of those long on this board!